Tepco raises salary

Following up this article..Former president of Tepco, Shimizu got the golden parachute

Tepco is going to raise their salary from 2013 by 460,000 JPY.

Tepco is planning to raise electrical charges by 10.28% from this August, but they are going to pay their employees “bonus”, which is 500,000JPY at average for this winter.
To avoid criticism, Tepco will start annual salary system from 2013 instead of bonus system.
However, they are going to raise the annual salary by 460,000 JPY when they shift to annual salary system. It’s higher than the average of companies with more than 1,000 employees by 280,000 JPY.

Before 311, the average annual salary of Tepco was about 7 million JPY for some reason. After 311, they reduced it by 20 ~ 25 %. Tepco stopped paying bonus for this summer, the average annual salary of 2012 is about 5,250,000 JPY. After they successfully raise the electrical charges, they are starting to raise their salary again.

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6 Responses to “Tepco raises salary”

  1. Christine says:

    They deserve prison cells not raises!!!

  2. TechDud says:

    Of those whom much is given, much should be expected of them.

  3. miniuser says:

    wow cool!
    if implementing the country wide “right-to-sell” electricity from solar policy, would have made electricity 10% more expensive, then .. let’s rather clean-up a blown-up mega nuke with a 10% cost increase over 25’000 years?
    25’000 years .. that’s alot of sunshine!

  4. Anonymous says:

    They would have to pay me a lot more than that! They’ve got to pay more because nobody in their right mind would want to work for that company.

    Best course forward would be to let TEPCO go bust, sell the assets and rights to other companies, use the money to compensate ALL the victims NOW. The employees could find jobs with the companies who take over power generation and power distribution. They would not have to drive around in those much despised TEPCO cars or wear those embarrassing TEPCO logos on their overalls. They would feel better about themselves

    TEPCO (the company) should die. It’s shareholders should get NOTHING. It’s directors and executives should be quietly retired (or jailed if possible).

    The government should take over the cleanup with Manhattan-project-style staffing, spending and organization. If they’re not up to it, they can hire Arnie to organize and direct the effort.

  5. Michele B says:

    It’s shush money.

  6. Flo says:

    They deserve harakiri

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